Billy Markus and the Mysterious Crypto Chart

Billy Markus, a notable figure in the crypto world, is known for cofounding the meme cryptocurrency Dogecoin in 2013. He has garnered 2.2 million followers on the X platform, where he shares insights and updates.

Recently, Markus caught attention with a chart depicting a rapid decline in an unnamed asset’s price, intriguing his followers. Known on X as Shibetoshi Nakamoto, a playful nod to Bitcoin’s pseudonymous creator, Markus appears to be poking fun at traditional media’s tendency to label minor crypto price dips as “crashes.” The chart indicates a decline, but notably ends with a modest figure of 0.5%, likely highlighting the exaggerated narrative often associated with crypto price movements.

The response from the crypto community was varied; some followers were puzzled, seeking clarification and requesting the link to the chart, while others were curious about the specific cryptocurrency referenced.

The Current Holdings of Dogecoin’s Founder

Interestingly, recent data from Arkham Intelligence reveals that Markus’s wallet currently contains no Dogecoin. Last October, he claimed to hold 226,317.86 DOGE, but a more recent check shows only smaller-cap cryptocurrencies. His wallet now includes 0.227 ETH and 100,000 Shiba Inu (SHIB) tokens, which is notable since SHIB is often dubbed a “Doge killer” and ranks as the second-largest meme coin by market capitalization. Additionally, Markus holds almost 70,000 Grok, 200 APE, 274.449 NEIRO, and a full PEPE coin.

The situation exemplifies the complex landscape of cryptocurrency, where major figures like Markus have shifting allegiances and often use humor to engage with their audience.